Itron, Inc.

ITRINASDAQTechnologyScientific & Technical Instruments

$87.65- (-)1Y −34.21%

As of Oct 23, 2026 close

Market cap: $3.91B
P/E (TTM): 14.27
Forward P/E: 14.49
Dividend yield: -
52-week range: $77.77$142.00
Volume (live): -
Avg. volume (3M): 647.13K

Itron, Inc. (ITRI) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Itron, Inc. stock.

Analyst Consensus Rating

Investment consensus from 9 professional research analysts

Consensus Rating

Buy

Based on 9 unique analysts

(12 total ratings in last 90 days)

Medium Confidence∞:1 Buy/Sell

Average Price Target

$130.14

+48.48% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest ITRI Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Oct 19, 2026	Mark Strouse	JP Morgan	Reiterates	Buy	$117.00 → $107.00 −10.00 (−8.6%)
Oct 13, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-
Aug 19, 2026	Zacks Equity Research	Zacks Equity Research	Initiates Coverage	Buy	-
Aug 3, 2026	Mark Strouse	JP Morgan	Maintains	Buy	$112.00 → $117.00 +5.00 (+4.5%)
Jul 29, 2026	Chip Moore	Roth MKM	Maintains	Buy	$136.00
Jul 29, 2026	Joseph Osha	Guggenheim	Reiterates	Hold	-
Jul 29, 2026	Scott Graham	Seaport Global	Maintains	Buy	$145.00 → $150.00 +5.00 (+3.5%)
Jul 29, 2026	Jeff Osborne	TD Cowen	Maintains	Buy	$130.00
Jul 29, 2026	Ben Kallo	Baird	Maintains	Buy	$118.00 → $125.00 +7.00 (+5.9%)
Jul 29, 2026	Noah Kaye	Oppenheimer	Reiterates	Buy	$135.00
Jul 29, 2026	Sean Milligan	Needham	Reiterates	Buy	$128.00
Jul 28, 2026	Jeff Osborne	TD Cowen	Maintains	Buy	$130.00

Mark Strouse

JP Morgan

BuyReiterates

$117.00 → $107.00

Oct 19

Zacks Equity Research

BuyInitiates Coverage

Oct 13

Zacks Equity Research

BuyInitiates Coverage

Aug 19

Mark Strouse

JP Morgan

BuyMaintains

$112.00 → $117.00

Aug 3

Chip Moore

Roth MKM

BuyMaintains

$136.00

Jul 29

Joseph Osha

Guggenheim

HoldReiterates

Jul 29

Scott Graham

Seaport Global

BuyMaintains

$145.00 → $150.00

Jul 29

Jeff Osborne

TD Cowen

BuyMaintains

$130.00

Jul 29

Ben Kallo

Baird

BuyMaintains

$118.00 → $125.00

Jul 29

Noah Kaye

Oppenheimer

BuyReiterates

$135.00

Jul 29

Sean Milligan

Needham

BuyReiterates

$128.00

Jul 29

Jeff Osborne

TD Cowen

BuyMaintains

$130.00

Jul 28

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 19, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for ITRI?

The analyst consensus rating for ITRI is Buy, based on the latest ratings from 9 analysts over the last 90 days.

What is the average price target for ITRI?

The average 12-month price target for ITRI is $130.14, representing an upside of 48.5% from the Oct 23, 2026 close of $87.65.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.